Could the worst of the downturn be behind us? - podcast episode cover

Could the worst of the downturn be behind us?

Mar 19, 20257 minSeason 1Ep. 10
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

US stocks bounced back overnight, with the Nasdaq 100 rising 1.3% and most stocks in the S&P 500 increasing, led by Boeing up 7%. The boost was partly due to investor happiness over the US central bank signalling two more rate cuts this year. Views seem to be firming that the worst of the downturn is behind us, but we're awaiting key US data on housing, manufacturing and services, to see if that can continue to boost stocks.

Stocks mentioned: CrowdStrike, Boeing, Super Micro Computer, Royal Caribbean, Caesars Entertainment, Nvidia, Tesla

For the best experience, listen in Metacast app for iOS or Android